German bunds jump after eurozone October CPI expands at slower pace, Sep jobless rate steady

Oct 31, 2019 10:52 am UTC| Commentary Economy

The German bunds jumped during European session Thursday after the eurozones consumer price inflation (CPI) for the month of October expanded at a slower pace than that in September, albeit remaining in line with...

NZ Q3 unemployment rate likely to lift 0.3 ppt to 4.2 pct, reflecting below-trend economic growth, says ANZ Research

Oct 31, 2019 09:48 am UTC| Commentary Economy

New Zealands unemployment rate is expected to be lifted 0.3 percentage point to 4.2 percent in the third quarter of this year a bounce-back from Q2s strong 3.9 percent read and reflecting below-trend economic growth;...

French headline inflation decelerates in October on downturn in energy prices

Oct 31, 2019 09:35 am UTC| Commentary

French headline inflation decelerated in the month of October. On a year-on-year basis, the consumer price inflation eased to 0.7 percent from Septembers 0.9 percent, according to the provisional estimate by INSEE. The...

EM Asian currencies likely to advance further on increasing optimism for US-China trade deal, says Scotiabank

Oct 31, 2019 09:11 am UTC| Commentary Economy

The emerging market Asian currencies are expected to advance further on increasing optimism for reaching a partial US-China trade deal and a high bar for future Fed rate hikes, according to the latest research report from...

Australia’s retail spending likely to rise modestly by 1.1 pct in Q3, says ANZ Research

Oct 31, 2019 08:01 am UTC| Commentary Economy

Australias Q3 2019 retail data is due out on Monday, November 4; it is expected to increase by 1.1 percent q/q, including 0.4 percent volume growth and 0.7 percent price growth. September is expected to do the quarters...

China’s manufacturing PMI index falls in October, indicates economic slowdown and deflation risk

Oct 31, 2019 06:58 am UTC| Commentary

Chinese PMI data released today shows an evident deceleration of the economic activity. The headline manufacturing PMI index dropped to 50.8 in October from Septembers 52.3. The PMI for the steel industry also dropped in...

JGB yields slump at close post Fed rate cut, BoJ’s unchanged policy decision

Oct 31, 2019 06:30 am UTC| Commentary Economy

The Japanese government bond yields slumped at close Thursday after the Federal Reserve adopted a 25bp interest rate cut at its policy meeting in the overnight session, as was widely anticipated by market...